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EPI 53 Normal Action of the Sea

EPI 53 Normal Action of the Sea
It is agreed that in Section 1, Material Damage the following is added to Exclusions to Section 1:
Insurers will not indemnify the Insured in respect of any loss or damage totally or partially resulting from adverse sea conditions unless according to the records available the return period of such sea conditions at the Project Site is higher than the return period stated below.
Sea conditions shall mean waves caused by storm including but not limited to tropical cyclone, typhoon, hurricane. The parameter to be used shall be recorded heights of the significant wave measured by the observation station(s) stated below.
The burden will be on the Insured to demonstrate that this exclusion shall not apply.
Return period: ………. years
Observation station(s): …………………………………………………………………………………………………………..

ini termasuk salah satu klausula dalam Standard Wording Swiss-Re untuk Jenis Engineering Project Insurance. (EPI).

Polis-Polis Asuransi Rekayasa, juga yang beredar di pasar Asuransi Indonesia, umumnya menggunakan standar Polis dan Wording dariReasuransi Internasional yaitu format-format baku dari Reasuransi seperti Munich-re, Swiss-Re, London Engineering Group (LEG).

Oleh karenanya, penting bagi seluruh underwriter, praktisi asuransi dan para tenaga ahli perusahaan pialang asuransi mengenal tentang Jenis-jenis Wording dan klausula yang berlaku didalam Asuransi Rekayasa atau yang biasa disebut Engineering Insurance.

Jenis Polis yang termasuk dalam golongan kelompok Asuransi Rekayasa Intu Sendiri, adalah :
• Advanced Loss of Profits Insurance (ALoP) / Delay in StartUp (DSU)
• Aero Insurance
• Boiler & Machinery Insurance (Machinery Breakdown Insurance)
• Business Interruption Insurance (MLoP – Machinery Loss of Profit)
• Contractor’s All Risks Insurance
• Contingent Business Interruption Insurance (CBI)
• Comprehensive Engineering Completed Risks Insurance (CECR)
• Comprehensive Project Insurance (CPI)
• Construction Erection All Risks Insurance (CEAR)
• Contractors’ Plant and Machinery Insurance (CPM)
• Deterioration of Stock Insurance
• Engineering Project Insurance (EPI)
• Erection All Risks Insurance (EAR)
• Electronic Equipment Insurance (EEI)
• Industrial All Risks Insurance (IAR)
• Third Party Liability Extension
• Dan seluruh klausula perluasan atau endorsement wording lainnya.

Data Standar polis, klausula dan ketentuan dan seluruh hal tentang asuransi rekayasa dapat diperoleh dengan mengklik TAUTAN INI.

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